VALHI INC /DE/
8-K, 1996-05-24
SUGAR & CONFECTIONERY PRODUCTS
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                         SECURITIES AND EXCHANGE COMMISSION


                                WASHINGTON, DC 20549


                                      FORM 8-K

                                   CURRENT REPORT


                  Pursuant to Section 13 or 15(d) of the Securities
                                Exchange Act of 1934

                                      May 10,1996
                     ------------------------------------------
                  (Date of Report, date of earliest event reported)



                                      VALHI, INC.
                -----------------------------------------------------
               (Exact name of Registrant as specified in its charter)



                Delaware              1-5467             87-0110150
            ------------------------------------------------------------
               (State or other        (Commission        (IRS Employer
               jurisdiction of        File Number)       Identification
               incorporation)                            No.)


               5430 LBJ Freeway, Suite 1700, Dallas, TX     75240-2697
            ------------------------------------------------------------
               (Address of principal executive offices)     (Zip Code)



                                     (214) 233-1700
               ------------------------------------------------------------
                (Registrant's telephone number, including area code)



                                  Not applicable
            ------------------------------------------------------------

               (Former name or address, if changed since last report)




          Item 5: Other Events
                  ------------


                  On May 10,1996, the Registrant issued  the press release
                     -----------

          attached hereto as Exhibit 99.1  which is incorporated herein  by
          reference.

          Item 7: Financial Statements,  Pro Forma  Financial Information
                  -------------------------------------------------------

                  and Exhibits
                  ------------


                  (c)  Exhibit
                       -------


                       Item No.              Exhibit Index
                       --------       -----------------------------------


                       99.1           Press release dated May 10,1996
                       ----
                                      issued by the Registrant




                                     SIGNATURES
                                     ----------

                  Pursuant to the requirements  of the Securities  Exchange
          Act of 1934,  the Registrant has  duly caused this  report to  be
          signed on its behalf by the undersigned hereunto duly authorized.



                                           VALHI, INC.
                                           (Registrant)



                                           By: /s/ Steven L. Watson
                                               ---------------------------

                                                Steven L. Watson
                                                Vice President & Secretary



          Date:  May 10,1996
                 -----------




VALHI LOGO GOES HERE

                                 PRESS RELEASE


FOR IMMEDIATE RELEASE:                            CONTACT:

VALHI, INC.                                       JOSEPH S. COMPOFELICE
THREE LINCOLN CENTRE                              EXECUTIVE VICE PRESIDENT
5430 LBJ FREEWAY                                  (713) 423-3303
DALLAS, TEXAS 75240-2697
(214) 233-1700



                     VALHI DECLARES QUARTERLY DIVIDEND AND
                       HOLDS ANNUAL STOCKHOLDERS MEETING

          DALLAS, TEXAS  .  .  .  May 10, 1996  .  .  .  Valhi, Inc.
     (NYSE:VHI) announced today that its Board of Directors has declared a
     regular quarterly dividend of five cents ($0.05) per share on its
     common stock, payable June 28, 1996, to stockholders of record at the
     close of business June 12, 1996.


          Valhi also announced that five Directors of the Company were
     elected for terms of one year at its Annual Stockholders Meeting held
     today.  The Directors of the Company are:  Norman S. Edelcup, Kenneth
     R. Ferris, Glenn R. Simmons, Harold C. Simmons and J. Walter Tucker,
     Jr.

          Valhi, Inc. is engaged in the titanium dioxide pigments, refined
     sugar, building products and other industries.



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